Economics

Economics
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  • Ok class today we are going to be learning about Economics, so can anyone tell me what your private property is?
  • Well down, now can anyone tell me what freedom of choice is?
  • Final question before we get the lesson started what is profit and competition 
  • Your private property is something that dissues between a public area to a place that only certain people can go to 
  • Also private property is not owned by the government
  • An example of freedom of choice is eating what ever food you want, when you want
  • I can, freedom of choice is when an individual has a choice to action 
  • Profit is the money left over from any sale that has been made while competition is the rivalry between companies to sell goods and their produces
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